Ferguson Shapiro LLC Invests $3.21 Million in iShares S&P 100 ETF (NYSEARCA:OEF)

Ferguson Shapiro LLC acquired a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,118 shares of the company’s stock, valued at approximately $3,211,000. iShares S&P 100 ETF makes up 1.2% of Ferguson Shapiro LLC’s holdings, making the stock its 16th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in iShares S&P 100 ETF by 96.7% during the third quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock worth $49,000 after buying an additional 87 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in iShares S&P 100 ETF by 274.1% during the fourth quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock worth $63,000 after buying an additional 159 shares in the last quarter. Eastern Bank purchased a new position in iShares S&P 100 ETF during the third quarter worth approximately $69,000. Sugarloaf Wealth Management LLC lifted its position in iShares S&P 100 ETF by 30.5% during the third quarter. Sugarloaf Wealth Management LLC now owns 265 shares of the company’s stock worth $73,000 after buying an additional 62 shares in the last quarter. Finally, Harbor Investment Advisory LLC lifted its position in iShares S&P 100 ETF by 386.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 409 shares of the company’s stock worth $118,000 after buying an additional 325 shares in the last quarter.

iShares S&P 100 ETF Stock Down 0.5 %

NYSEARCA:OEF opened at $295.29 on Thursday. iShares S&P 100 ETF has a 52 week low of $228.59 and a 52 week high of $299.45. The company has a market capitalization of $14.23 billion, a P/E ratio of 28.76 and a beta of 1.04. The stock’s fifty day moving average is $292.00 and its two-hundred day moving average is $279.26.

iShares S&P 100 ETF Profile

iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index.